Aon Group Announces Senior Appointment.CHICAGO, IL--(BUSINESS WIRE)--November 24, 1997--Aon Group, Inc. (Aon Group) today announced that Kenneth J. LeStrange will be joining Aon Group as executive vice president of Aon Group responsible for the development and management of global traditional and non-traditional risk management products and services. The appointment will be effective December 8, 1997. Patrick G. Ryan, chairman and chief executive officer of Aon Group, commented, "We are extremely pleased to welcome Ken to the Aon family. He is a most knowledgeable, experienced and talented professional. We have every confidence that Ken will bring great value to our company and our clients." Previously, Mr. LeStrange was executive vice president for a global reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. company and specialized in non-traditional and traditional risk management programs for large commercial clients. He has spent his career in the insurance industry in a variety of management positions. "As a leader in the insurance and reinsurance arena, Ken is an asset to our management team and further evidence of our commitment to bring the best professionals to Aon," said Michael D. O'Halleran, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Aon Group. Aon Group offers a complete range of insurance and services, including retail brokerage, reinsurance and wholesale brokerage, alternative risk management solutions and risk management and integrated human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" through more than 550 offices in over 100 countries worldwide. Aon Group is the global insurance brokerage and consulting arm of Aon Corporation, an insurance services holding company listed on the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Chicago and London stock exchanges London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. . CONTACT: Susan Santoro (312) 701-4022 (312) 845-1294 (fax) |
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